I've seen so many otherwise smart founders mistakenly try to adjust their companies after bogus rejections from investors.
It would be better if investors gave no reason when they turned cos down than their usual "it's not you, it's me" reasons.
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Next time you hear "It's a crowded market," or "We're concerned about your low margins," just translate them to "No."
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at least "it's not you it's me" doesn't send false message that you can fix something and re-apply.
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Its like the girl you love, she loves $omebody else.
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The worst is, "I'm not investing right now."
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Not sure I agree. Only an investor can give investor relevant feedback. Else, a black market for lucky rabbit's foot will quickly develop.
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Founders don't have to guess what customers are thinking to anything like the extent they do with VCs.
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Tuning your company to get revenue gets you revenue. Tuning your company to get investment does not. That's the difference.
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What do you do if they keep asking you over and over and over again?
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1/ I generally tell companies to ignore any rejection feedback (including my own). The only reason that matters is, "I don't think...
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2/ you're one of the top ~3 things I'll see this year, but I'm wrong all the time"
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